The Dubai Land Department has launched a property tokenization platform based on the XRP Ledger.

GateNews

2025-05-26 17:03:41

XRP1,59%

According to Gate News bot, as reported by CoinDesk, the Dubai Land Department, in collaboration with real estate fintech company Prypco and infrastructure provider Ctrl Alt, has officially launched the real estate tokenization platform Prypco Mint. This platform is based on XRP Ledger technology, enabling the tokenization of property ownership certificates.

The platform sets a minimum investment threshold of 2000 dirhams, and UAE residents can purchase partial ownership of Dubai real estate through the platform. Currently, the platform only supports local currency transactions and is open only to UAE residents, with plans to expand to the global market in the future.

Original link

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments